U.S. Industrial Gas Market. Analysis And Forecast to 2020

IndexBox Marketing has just published a new report “U.S. Industrial Gas Market. Analysis And Forecast to 2020”

The U.S. dominates in the global trade of industrial gas, accounting for an 18% share (based on USD) of world’s exports. It was followed by China (11%), the United Arab Emirates (11%), and France (7%). In 2015, the U.S. exported 604 million USD, which was 11% over the previous year’s value.

With the exception of a slight decline in 2009, U.S. industrial gas exports showed steady growth from 2007 to 2012, until it flattened in 2013. 2014 was marked by another slight decrease, with exports bouncing back in 2015. In 2010, U.S. industrial gas exports surpassed their pre-recession level of 2008.

Domestic manufacturers enjoyed a new growth driver over the past decade, as U.S. companies improved their positions on overseas markets. However, that driver lost its momentum in the last three years.

Korea (17%), Japan (15%), Canada (11%), and Mexico (11%) were the main destinations of U.S. industrial gas exports in 2015. The shares exported to Korea and Mexico increased (+6 percentage points and +3 percentage points, respectively), while the shares sent to Japan (-4 percentage points) and Canada (-4 percentage points) illustrated negative dynamics from 2007 to 2015.

From 2007 to 2015, the U.S. was a net exporter of industrial gas. However, imports grew faster than exports on average over the period under review. Prior to 2013, net U.S. exports of industrial gas showed a consistent upward trend, but this trend turned into a steady decline over the last three years. Nevertheless, this industry still ran a notable trade surplus of 315 million USD in 2015.

“U.S. Industrial Gas Market. Analysis And Forecast to 2020” provides an in-depth analysis of the U.S. industrial gas market. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.